Keepin’ It Real Estate: Chinese Investors Smell Blood in California

By ANDREW JEFFERY This post first appeared on Minyanville. Speculators have been flocking to California for centuries. Gold, computers, absurd dot.com start-ups, real estate - if it’s an asset, it’s probably boomed and busted in the Golden State. The bursting of the latest bubble — real estate — is still in progress, as foreclosures push up [...]

December 11, 2008 | Comments »